498 Chancellor AveIrvington, NJ 07111

  • Industrial properties
  • 3,022 SF
For Lease

Property Details for 498 Chancellor Ave

Lot size
58.10 AC
Property size (Sq ft)
3,022 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
09 00188-0000-00007
APU
900188000000007

Description

This exceptional Irvington, New Jersey industrial property presents a unique investment opportunity. Located at 498 Chancellor Ave, 07111, this single-tenant property encompasses a 3,500 square foot building situated on a generous 4-acre lot. The property is classified as Class C and zoned for heavy industrial use, making it ideal for a variety of businesses. The building features three drive-in doors, providing convenient access for loading and unloading, and boasts heavy 3-phase power. There are no loading docks or elevators. The flexible lease terms are designed to accommodate diverse tenant needs, whether short-term project requirements or long-term commitments. The property owner is dedicated to facilitating a smooth transition for new occupants, offering full support in obtaining all necessary permits and approvals. This prime location in Irvington offers excellent accessibility and presents a compelling opportunity for businesses seeking a functional and adaptable industrial space. The property's size and zoning make it suitable for a range of industrial operations. This is a chance to secure a well-positioned industrial property in a thriving New Jersey market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $571,881
    Hospitality
    $523,840
    Educational
    $435,828
    Medical
    $450,817
    Retail
    $677,955
498 Chancellor Ave, Irvington, New Jersey

Location Insight

City
Irvington
County
Essex
State
New Jersey
Latitude
40.7122
Longitude
-74.2289
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,513
$126,900
$110,700
$237,600
-
$126,900
$110,700
$237,600

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